new world fashion sourcing direct ltdEstimated Valuation
£456.5k
Pomanda estimates the enterprise value of NEW WORLD FASHION SOURCING DIRECT LTD at £456.5k based on a Turnover of £1.2m and 0.38x industry multiple (adjusted for size and gross margin).
new world fashion sourcing direct ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NEW WORLD FASHION SOURCING DIRECT LTD at £0 based on an EBITDA of £-57.1k and a 3.03x industry multiple (adjusted for size and gross margin).
new world fashion sourcing direct ltdEstimated Valuation
£0
Pomanda estimates the enterprise value of NEW WORLD FASHION SOURCING DIRECT LTD at £0 based on Net Assets of £-136.7k and 1.75x industry multiple (adjusted for liquidity).
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New World Fashion Sourcing Direct LtdOverview
New World Fashion Sourcing Direct Ltd is a live company located in london, E8 3QE with a Companies House number of 13793695. It operates in the specialised design activities sector, SIC Code 74100. Founded in December 2021, it's largest shareholder is
cam yen pham
with a 50% stake. New World Fashion Sourcing Direct Ltd is a startup,
small sized company, Pomanda has estimated its turnover at
£1.2m with
unknown
growth in recent years.
New World Fashion Sourcing Direct Ltd Health Check
Pomanda's financial health check has awarded New World Fashion Sourcing Direct Ltd a 2 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 3 areas for improvement. Company Health Check FAQs
Health Rating2out of 5
2 Strong
3 Regular
3 Weak
Size
annual sales of £1.2m, make it larger than the average company (£313.6k)
£1.2m - New World Fashion Sourcing Direct Ltd
£313.6k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- - New World Fashion Sourcing Direct Ltd
- - Industry AVG
Production
with a gross margin of 48.4%, this company has a comparable cost of product (48.4%)
48.4% - New World Fashion Sourcing Direct Ltd
48.4% - Industry AVG
Profitability
an operating margin of -5% make it less profitable than the average company (7.4%)
-5% - New World Fashion Sourcing Direct Ltd
7.4% - Industry AVG
Employees
with 11 employees, this is above the industry average (4)
11 - New World Fashion Sourcing Direct Ltd
4 - Industry AVG
Pay Structure
on an average salary of £41k, the company has an equivalent pay structure (£41k)
£41k - New World Fashion Sourcing Direct Ltd
£41k - Industry AVG
Efficiency
resulting in sales per employee of £110k, this is equally as efficient (£110k)
£110k - New World Fashion Sourcing Direct Ltd
£110k - Industry AVG
Debtor Days
There is insufficient data available for this Key Performance Indicator!
- - New World Fashion Sourcing Direct Ltd
- - Industry AVG
Creditor Days
There is insufficient data available for this Key Performance Indicator!
- - New World Fashion Sourcing Direct Ltd
- - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- - New World Fashion Sourcing Direct Ltd
- - Industry AVG
Cash Balance
has cash to cover current liabilities
for 0 weeks, this is less cash available to meet short term requirements (24 weeks)
0 weeks - New World Fashion Sourcing Direct Ltd
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 295.2%, this is a higher level of debt than the average (59%)
295.2% - New World Fashion Sourcing Direct Ltd
59% - Industry AVG
NEW WORLD FASHION SOURCING DIRECT LTD financials
EXPORT
New World Fashion Sourcing Direct Ltd's latest turnover from December 2023 is estimated at £1.2 million and the company has net assets of -£136.7 thousand. According to their latest financial statements, New World Fashion Sourcing Direct Ltd has 11 employees and maintains cash reserves of £2.4 thousand as reported in the balance sheet.
Data source:Companies House, Pomanda Estimates
Dec 2023
Dec 2022
Turnover
1,209,781
1,017,843
Other Income Or Grants
Cost Of Sales
624,551
512,151
Gross Profit
585,230
505,693
Admin Expenses
645,195
586,633
Operating Profit
-59,965
-80,940
Interest Payable
8
Interest Receivable
2,476
1,609
Pre-Tax Profit
-57,497
-79,331
Tax
Profit After Tax
-57,497
-79,331
Dividends Paid
Retained Profit
-57,497
-79,331
Employee Costs
450,838
372,750
Number Of Employees
11
10
EBITDA*
-57,087
-79,153
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023
Dec 2022
Tangible Assets
6,847
5,362
Intangible Assets
Investments & Other
Debtors (Due After 1 year)
Total Fixed Assets
6,847
5,362
Stock & work in progress
Trade Debtors
Group Debtors
Misc Debtors
60,810
38,170
Cash
2,381
91,950
misc current assets
total current assets
63,191
130,120
total assets
70,038
135,482
Bank overdraft
140
Bank loan
Trade Creditors
Group/Directors Accounts
other short term finances
hp & lease commitments
other current liabilities
206,626
214,713
total current liabilities
206,766
214,713
loans
hp & lease commitments
Accruals and Deferred Income
other liabilities
provisions
total long term liabilities
total liabilities
206,766
214,713
net assets
-136,728
-79,231
total shareholders funds
-136,728
-79,231
Dec 2023
Dec 2022
Operating Activities
Operating Profit
-59,965
-80,940
Depreciation
2,878
1,787
Amortisation
Tax
Stock
Debtors
22,640
38,170
Creditors
Accruals and Deferred Income
-8,087
214,713
Deferred Taxes & Provisions
Cash flow from operations
-87,814
97,390
Investing Activities
capital expenditure
-4,363
-7,149
Change in Investments
cash flow from investments
-4,363
-7,149
Financing Activities
Bank loans
Group/Directors Accounts
Other Short Term Loans
Long term loans
Hire Purchase and Lease Commitments
other long term liabilities
share issue
100
interest
2,468
1,609
cash flow from financing
2,468
1,709
cash and cash equivalents
cash
-89,569
91,950
overdraft
140
change in cash
-89,709
91,950
new world fashion sourcing direct ltd Credit Report and Business Information
Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
Get a comprehensive credit check for new world fashion sourcing direct ltd. Get real-time insights into new world fashion sourcing direct ltd's credit score, group structure and payment trends.
New World Fashion Sourcing Direct Ltd Competitor Analysis
Perform a competitor analysis for new world fashion sourcing direct ltd by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other small companies, companies in E 8 area or any other competitors across 12 key performance metrics.
new world fashion sourcing direct ltd Ownership
NEW WORLD FASHION SOURCING DIRECT LTD group structure
New World Fashion Sourcing Direct Ltd has no subsidiary companies.
Ultimate parent company
NEW WORLD FASHION SOURCING DIRECT LTD
13793695
NEW WORLD FASHION SOURCING DIRECT LTD Shareholders
The largest shareholders in New World Fashion Sourcing Direct Ltd include Cam Yen Pham and Tai Anh Pham.
cam yen pham
50%
tai anh pham
50%
new world fashion sourcing direct ltd directors
New World Fashion Sourcing Direct Ltd currently has 3 directors.
The longest serving directors include
Tai Pham (Dec 2021) and
Mr Tai Pham (Dec 2021).
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023
net assets
-136.7k
+0.73%
total assets
70k
-0.48%
cash
2.4k
-0.97%
net assets
Total assets minus all liabilities
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new world fashion sourcing direct ltd company details
company number
13793695
Type
Private limited with Share Capital
industry
74100 - Specialised design activities
incorporation date
December 2021
age
4
incorporated
UK
ultimate parent company
None
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
TC BSG VALENTINE LIMITED
auditor
-
address
215 mare street, london, E8 3QE
Bank
-
Legal Advisor
-
new world fashion sourcing direct ltd Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to new world fashion sourcing direct ltd.
new world fashion sourcing direct ltd Capital Raised & Share Issues BETA
When a company issues new shares, e.g. to new investors following a funding round, it is required to notify Companies House within one month of making an allotment of shares.
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new world fashion sourcing direct ltdCompanies House Filings - See Documents
